DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT, and ADA trading. Source
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Trading
Charity tied to former FTX exec made $150M from insider trading: Report
Polaris Ventures, a charity created by former FTX and Alameda chief of staff Ruairi Donnelly, reportedly wants to access roughly $150 million earned from insider trading on the bankrupt exchange’s tokens.According to a Feb. 14 Wall Street Journal report, Donnelly received roughly $562,000 in salary during his time at FTX,
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Morgan Stanley Says Waning Stablecoin Issuance Could Impact Crypto Trading
New York-based banking powerhouse Morgan Stanley opines that a drop in stablecoin issuance is a negative sign for crypto trading. According to Morgan Stanley (NYSE: MS), a decrease in stablecoin issuance spells bad news for crypto trading. In a research report on Monday, the New York-based banking giant delineated the benefits of stablecoins
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Institutional Crypto Trading Platform Elwood Technologies Expands Offerings
The collapse of a number centralized platforms in recent months has highlighted the need for risk controls and keeping close tabs on collateral. Elwood's new offering includes live position and exposure tracking, scenario analysis and collateral monitoring – in other words, said the company, the type of services that will
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Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
“Rising market prices enticed traders to take on more leverage, in the form of borrowing stablecoins, which was then used to buy more crypto,” analysts Sheena Shah and Kinji Steimetz wrote. “Falling market prices were catalyzed by a reduction in crypto liquidity caused by traders closing long crypto positions, followed
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NASDAQ-listed Interactive Brokers to offer crypto trading in Hong Kong
Interactive Brokers, a global brokerage firm with headquarters in the United States, announced the launch of its crypto trading services for institutional clients in Hong Kong on Feb. 14. The crypto trading services were launched in association with OSL Digital Securities, a Securities and Futures Commission-licensed digital asset brokerage and
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Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” and that the creators of the nine tokens, that are at the centre of the insider trading case, are not linked to the case. Source
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DBS Bank to offer cryptocurrency trading in Hong Kong
Singapore state-owned megabank DBS Group is planning to expand its cryptocurrency services to Hong Kong as the Chinese territory pushes to become a digital asset hub.DBS Bank plans to apply for a license to allow it to offer crypto trading services to Hong Kong customers, Bloomberg reported on Feb. 13.“We
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Former Coinbase product manager pleads guilty in insider trading case
Ishan Wahi, a former product manager at Coinbase Global Inc., has admitted to two counts of conspiracy to commit wire fraud in a case that U.S. prosecutors have labeled as the first insider trading case involving cryptocurrency.Ex-Coinbase manager pleads guilty in insider trading case https://t.co/i6fG3c3wHc pic.twitter.com/zKfjqnNpzT— Reuters (@Reuters) February 7,
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Former Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters
Wahi had previously pleaded not guilty to federal charges of insider trading. Original Source
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